The crypto market moved sideways in the past few days as investors reacted to the recent hawkish statements by Federal Reserve officials statements on interest rates. This article provides a forecast for top coins like Centrifuge (CFG), Synthetix (SNX), and MYX Finance (MYX). Centrifuge price technical analysis Centrifuge’s CFG token price has rebounded in the […]
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The Indian rupee crashed to a record low this month, making it one of the worst-performing currencies in the Asian region this year. The USD/INR exchange rate rose to a record high of 88.86, up by over 6.1% from its highest level this year. RBI interest rate decision will impact the Indian rupee The USD/INR exchange […]
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The South African rand is having a great performance this year even as the country’s economy face substantial risks. The USD/ZAR exchange rate was trading at 17.30, its lowest level since November last year. It has plunged by over 13% from its highest level this year, making it one of the top gainers in the […]
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The Nasdaq 100 Index has been in a strong bull run this year and is hovering near its all-time high. It was trading at $24,817 on Friday, up by over 50% from its lowest point this year. This article highlights some of the top Nasdaq 100 Index and QQQ ETF stocks to watch this week. […]
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Stocks were little changed on Tuesday as investors paused following a strong rally in the previous session and weighed a wave of fresh corporate earnings. The Dow Jones Industrial Average rose 49 points, or 0.1%, while the S&P 500 also added 0.1%. The Nasdaq Composite slipped 0.1%. A series of stronger-than-expected earnings from major companies […]
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A flurry of political and corporate developments shaped the US and global landscape on Tuesday, as diplomatic tensions between Washington and Moscow disrupted summit plans, Warner Bros. Discovery (WBD) explored a possible sale amid strategic shifts, and General Motors (GM) shares surged following robust quarterly results. Meanwhile, US President Donald Trump renewed attacks on Democrats […]
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Elon Musk, the world’s richest person, used the closing minutes of Tesla Inc.’s quarterly earnings call to launch a fiery defence of his proposed $1 trillion pay package, lashing out at proxy advisory firms that have urged shareholders to vote against the plan. In a characteristically unscripted moment on Wednesday, Musk interrupted his chief financial […]
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Tesla stock (Nasdaq: TSLA) tumbled around 6% at open on Thursday, following a disappointing third-quarter earnings report that revealed a significant profit decline despite achieving record revenue. The company reported adjusted earnings of 50 cents per share, below Wall Street’s estimate of 54 cents, making it the fourth quarter in a row that it has […]
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Three years ago, Cambodian Prime Minister Hun Sen presented a collection of locally crafted wristwatches to world leaders, including Joe Biden, Justin Trudeau and Anthony Albanese. Each watch bore the logo of Prince Holding Group, a conglomerate headed by Chen Zhi, a China-born entrepreneur who had reinvented himself as a Cambodian philanthropist and developer. The […]
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Bill Winters, the CEO of Standard Chartered, believes the future of money will be fully digital and built on blockchain infrastructure. Speaking at the Hong Kong FinTech Week, reports CNBC, Winters said that “pretty much all transactions will settle on blockchains eventually,” signalling a radical shift in how global finance could operate. The statement reflects […]
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